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Re: SammyTheBull post# 166281

Tuesday, 09/11/2012 1:18:47 PM

Tuesday, September 11, 2012 1:18:47 PM

Post# of 289430
Correct, but cost associated with audits is more than just once a year. Once they decide to do annual audits and be fully reporting to SEC, they must hire a securities lawyer to file all their filings, not just 10K. Every Q must also be filed, by that same attorney who has access to the electronic filing system. The $50K includes all of that.

In the absence of that which is not, that which is, is not.

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